Mack Real Estate Group is planning a 438-unit mixed-residential development in north Phoenix to add to its $250M Valley multifamily portfolio.
Mack 19th & Monona will feature a mix of Build-to-Rent and garden-style apartment units. The company paid $22M for the site at 20620 N. 19th Avenue.
Mack also has a 297-unit entirely BTR community under construction at 23rd Avenue and Pinnacle Peak Road and completed construction this summer on Formation Scottsdale, a 170-unit apartment community at 2040 N. Scottsdale Road. (Source)
